THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) LOVE ASSEMBLY
Organising and holding Church activities that enhance spiritual, financial, physical and mental well being of members and the public in general.
Objects
2.2.1 TO ADVANCE THE CHRISTIAN FAITH [IN ACCORDANCE WITH THE STATEMENT OF FAITH] IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT2.2.2 TO RELIEVE SICKNESS AND FINANCIAL HARDSHIP AND TO PROMOTE AND PRESERVE GOOD HEALTH BY THE PROVISION OF FUNDS, GOODS OR SERVICES OF ANY KIND, INCLUDING THROUGH THE PROVISION OF COUNSELLING AND SUPPORT IN SUCH PARTS OF THE UNITED KINGDOMOR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT;AND2.2.3 TO ADVANCE EDUCATION IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT2.3 THE TRUSTEES MUST USE THE INCOME AND MAY USE THE CAPITAL OF THECHURCH IN PROMOTING THE OBJECTS
Financial health, per its FY2024 accounts
The accounts state that the charity operated at a net deficit of £13,233 for the year ended December 2024, reducing its total unrestricted funds from £41,162 to £27,929. The trustees report that the charity is not self-financing and maintains a prudent reserve policy to address potential funding challenges. Despite the deficit, the trustees confirmed that the financial statements were prepared on a going concern basis.
What the accounts disclose
“The trustees of the charity have a prudent reserve policy, conscious of the fact that the charity is not self-financing and aware that reserve must be set aside in case of funding challenges. The trustees have adopted a policy of keeping a reserve account separately from the general funds where all activities of the organisation are run from. The trustees move unused funds into this account from time to time. The gift aid received is also kept in this account. This policy will be reviewed from time to time.” — page 5
“The Charity support visiting ministers of the gospel both within and outside the United Kingdom. Support is also given to RCCG central office, World evangelism mission, Festival of life and other RCCG programmes. The church support other charities and missionary that shares its objectives in advancement of Christian faith and relief of poverty. The church gives occasional grants to people/congregational members who are in need.” — page 5
Policies the charity declares
- Complaints handling
- Conflicting interests
- Paying staff
- Risk management
- Safeguarding vulnerable beneficiaries
- Volunteer management
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £30k | £43k |
| 31/12/2023 | £32k | £42k |
| 31/12/2022 | £30k | £24k |
| 31/12/2021 | £32k | £12k |
| 31/12/2020 | £21k | £7k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) LOVE ASSEMBLY financially healthy?
Per its FY2024 accounts: The accounts state that the charity operated at a net deficit of £13,233 for the year ended December 2024, reducing its total unrestricted funds from £41,162 to £27,929. The trustees report that the charity is not self-financing and maintains a prudent reserve policy to address potential funding challenges. Despite the deficit, the trustees confirmed that the financial statements were prepared on a going concern basis. Its FY2024 accounts were independently examined.